|[April 04, 2019]
Suirui Announces Strategic Investment and Partnership Agreement with China Mobile
America is excited to announce that Suirui has signed a Strategic
Investment and Partnership Agreement with China Mobile (News - Alert) Investment
Holdings. The official signing ceremony was held in Beijing on Feb 20th,
2019. Upon approval by Suirui's shareholders, the two parties intend to
further advance their existing alliances in cloud video conferencing
products & services offerings, and solutions development; jointly
promote cohesive collaboration and communication ecosystem.
"We have been closely monitoring video conferencing and collaboration
technologies for our investment portfolio, looking for front-runners,"
said Ning He, Chairman and GM of China Mobile Investment Holdings. "Over
the years, we witnessed Suirui steadily mature into an innovative leader
in this field. We hope our investment and this partnership will
stimulate the advancement of market shares for us serving both
enterprise and consumer sectors with premium products and services."
"After we signed the strategic investment and partnership agreement with
Foxconn last year, this is yet another major milestone for Suirui," sad
Forrest Cheng Shu, Chairman and CEO of Suirui "We have been successfully
operating China Mobile's Vilin video collaboration platform for years.
The timing for this round of funding is perfect. We hope the synergy
will soon bring world-class cloud products and services to China
Mobile's enormous customer base."
About China Mobile
China Mobile Limited (the "Company", and together with its subsidiaries,
the "Group") was incorporated in Hong Kong on 3 September 1997. The
Company was listed on the New York Stock Exchange ("NYSE") and The Stock
Exchange of Hong Kong Limited ("HKEX" or the "Stock Exchange") on 22
October 1997 and 23 October 1997, respectively. The Company was admitted
as a constituent stock of the Hang Seng Index in Hong Kong on 27 January
1998. As the leading telecommunications services provider in Mainland
China, the Group provides full communications services in all 31
provinces, autonomous regions and directly-administered municipalities
throughout Mainland China and in Hong Kong Special Administrative
Region, and boasts a world-class telecommunications operator with the
world's largest network and customer base, a leading position in
profitability and market value ranking. Its businesses primarily consist
of mobile voice and data business, wireline broadband and other
information and communications services. As of 31 December 2017, the
Group had a total of 464,656 employees, 887 million mobile customers and
113 million wireline broadband customers with its annual revenue
exceeding RMB740 billion.
is a leading AI & Cloud Communication Carrier in China and a technology
partner with Zoom. Founded in 2006, Suirui is listed on NEEQ under stock
code 835990.OC. For more information, please visit www.suirui.us.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190404005624/en/
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